Northrop Grumman (NOC)
(Real Time Quote from BATS)
$454.59 USD
+2.54 (0.56%)
Updated Apr 18, 2024 11:22 AM ET
3-Hold of 5 3
B Value B Growth A Momentum A VGM
Company Summary
Originally formed in 1939 as Northrop Aircraft Incorporated and reincorporated in Delaware in 1985 as Northrop Corporation was a principal developer of flying wing technology. In 1994, the company acquired Grumman Corporation (Grumman), after which the company was renamed Northrop Grumman Corporation. Currently, this global security company supplies a broad array of products like space systems, military aircraft, missile defense, advanced weapons and long-range fires capabilities, mission systems, networking and communications, strategic deterrence systems, and breakthrough technologies, such as advanced computing, microelectronics and cyber. As of Dec 31, 2023, the company operates through the following reportable segments:
Northrop Grumman'...
Company Summary
Originally formed in 1939 as Northrop Aircraft Incorporated and reincorporated in Delaware in 1985 as Northrop Corporation was a principal developer of flying wing technology. In 1994, the company acquired Grumman Corporation (Grumman), after which the company was renamed Northrop Grumman Corporation. Currently, this global security company supplies a broad array of products like space systems, military aircraft, missile defense, advanced weapons and long-range fires capabilities, mission systems, networking and communications, strategic deterrence systems, and breakthrough technologies, such as advanced computing, microelectronics and cyber. As of Dec 31, 2023, the company operates through the following reportable segments:
Northrop Grumman's Aeronautics Systems unit focuses on the development, integration, production and support of manned aircraft, unmanned autonomous systems as well as airborne battle management and command and control systems. In 2023, this segment’s revenues came in at $10.79 billion, contributing 27.4% to the company’s total revenues.
Its Defense Systems unit focuses on production of advanced tactical weapons and missile defense solutions. It is also a provider of sustainment, modernization and training services for manned and unmanned aircraft and electronics systems. In 2023, this segment’s revenues came in at $5.86 billion, contributing 14.9% to the company’s total revenues.
The company's Mission Systems unit includes airborne sensors and networks, cyber and intelligence mission solutions, maritime/land systems and sensors, along with navigation, targeting and survivability. In 2023, this segment’s revenues came in at $10.90 billion, contributing 27.7% to the company’s total revenues.
Its Space Systems unit focuses on launch and strategic missile systems as well as varied space related products like satellites and spacecraft systems, sensors and payloads along with launch vehicles and related propulsion systems. In 2023, this segment’s revenues came in at $13.95 billion, contributing 35.5% to the company’s total revenues.
However, total revenues of $39.29 billion in 2023 were adjusted for inter-segment eliminations of $2.20 billion.
General Information
Northrop Grumman Corporation
2980 FAIRVIEW PARK DRIVE
FALLS CHURCH, VA 22042
Phone: 703-280-2900
Fax: 302-655-5049
Web: http://www.northropgrumman.com
Email: investors@ngc.com
| Industry | Aerospace - Defense |
| Sector | Aerospace |
| Fiscal Year End | December |
| Last Reported Quarter | 3/31/2024 |
| Earnings Date | 4/25/2024 |
EPS Information
| Current Quarter EPS Consensus Estimate | 5.83 |
| Current Year EPS Consensus Estimate | 24.67 |
| Estimated Long-Term EPS Growth Rate | 10.10 |
| Earnings Date | 4/25/2024 |
Price and Volume Information
| Zacks Rank |  |
| Yesterday's Close | 452.05 |
| 52 Week High | 496.89 |
| 52 Week Low | 414.56 |
| Beta | 0.35 |
| 20 Day Moving Average | 965,375.12 |
| Target Price Consensus | 491.06 |
| 4 Week | -3.97 |
| 12 Week | -2.56 |
| YTD | -3.44 |
| 4 Week | -0.10 |
| 12 Week | -5.54 |
| YTD | -8.29 |
| Shares Outstanding (millions) | 148.20 |
| Market Capitalization (millions) | 66,993.84 |
| Short Ratio | NA |
| Last Split Date | 6/22/2004 |
| Dividend Yield | 1.65% |
| Annual Dividend | $7.48 |
| Payout Ratio | 0.32 |
| Change in Payout Ratio | 0.06 |
| Last Dividend Payout / Amount | 2/23/2024 / $1.87 |
Fundamental Ratios
| P/E (F1) | 18.32 |
| Trailing 12 Months | 19.41 |
| PEG Ratio | 1.82 |
| vs. Previous Year | -16.40% |
| vs. Previous Quarter | 1.46% |
| vs. Previous Year | 6.03% |
| vs. Previous Quarter | 8.83% |
| Price/Book | 4.58 |
| Price/Cash Flow | 13.90 |
| Price / Sales | 1.71 |
| 3/31/24 | NA |
| 12/31/23 | 23.07 |
| 9/30/23 | 24.24 |
| 3/31/24 | NA |
| 12/31/23 | 7.81 |
| 9/30/23 | 8.40 |
| 3/31/24 | NA |
| 12/31/23 | 1.15 |
| 9/30/23 | 1.28 |
| 3/31/24 | NA |
| 12/31/23 | 1.05 |
| 9/30/23 | 1.14 |
| 3/31/24 | NA |
| 12/31/23 | 9.01 |
| 9/30/23 | 9.69 |
| 3/31/24 | NA |
| 12/31/23 | 5.23 |
| 9/30/23 | 12.07 |
| 3/31/24 | NA |
| 12/31/23 | 5.97 |
| 9/30/23 | 14.36 |
| 3/31/24 | NA |
| 12/31/23 | 98.61 |
| 9/30/23 | 105.63 |
| 3/31/24 | NA |
| 12/31/23 | 26.91 |
| 9/30/23 | 26.01 |
| 3/31/24 | NA |
| 12/31/23 | 0.93 |
| 9/30/23 | 0.87 |
| 3/31/24 | NA |
| 12/31/23 | 48.24 |
| 9/30/23 | 46.41 |